Aldoro Resources has identified significant copper-gold targets at its Damara Gold Project in Namibia through detailed geophysical and geochemical surveys, setting the stage for upcoming drilling campaigns.
- High-resolution ground magnetics and soil geochemistry define large intrusive copper-gold targets
- Nordenberg Prospect shows concentric magnetic rings and multi-element geochemical anomalies
- Okaue Prospect reveals deep magnetic source with potential marble-granite contact mineralisation
- Damara Project located near major deposits including WIA Gold’s Kokoseb and Osino Resources’ Ondundu
- Further modelling and drilling planned to test identified targets
Exploration Advances at Damara
Aldoro Resources Limited (ASX – ARN) has announced the completion of detailed ground geophysical and soil geochemical surveys at its Damara Gold Project in Namibia, revealing compelling copper-gold targets at the Nordenberg and Okaue prospects. These findings mark a significant step forward in the company’s exploration efforts within the highly prospective Damara Gold Belt.
The Nordenberg Prospect, located about 20 kilometres north of Kalkfeld, stands out with a large, concentric ring-style magnetic system interpreted as a granite or porphyry intrusive centre. This geological feature is accompanied by a distinctive "core plus halo" geochemical pattern, including a central copper anomaly exceeding 30 parts per million and associated gold readings around 0.093 grams per tonne. The presence of molybdenum and potassium anomalies further supports the interpretation of porphyry copper-gold style alteration zoning, a hallmark of significant mineral systems.
Okaue Prospect – A Deep Magnetic Signature
Approximately 13 kilometres southeast of Kalkfeld, the Okaue Prospect exhibits a coherent elliptical magnetic anomaly that persists strongly even after upward continuation processing, indicating a deep-seated magnetic source. The ring-band magnetic pattern aligns with magmatic intrusion models, suggesting potential intrusion-related gold-copper mineralisation. Elevated gold responses coincide with contacts between magnetic anomaly bands, hinting at mineralisation along marble-granite contacts or structurally controlled zones.
Strategic Location in a Proven Gold Belt
The Damara Project covers nearly 152 square kilometres within the North Central Zone of the Damara Gold Belt, a region known for significant gold deposits. Nearby, WIA Gold’s Kokoseb Deposit boasts a mineral resource estimate of 89 million tonnes at 1.0 grams per tonne gold, while Osino Resources’ Ondundu and Eureka deposits have reported substantial inferred resources and high-grade drill intercepts. The geological setting of Aldoro’s tenements shares similarities with these established deposits, reinforcing the prospectivity of the area.
Notably, the Damara Gold Belt has attracted major investment, exemplified by Shanjin International Gold Co.’s recent acquisition of Osino Resources for approximately AUD 400 million, underscoring the region’s potential for valuable discoveries.
Next Steps and Market Implications
Aldoro plans to model the ground magnetic data further to refine drill targets at Nordenberg, Omuronga, and Okaue, with drilling anticipated later this quarter or early next. While soil samples have been analysed using portable XRF instruments, laboratory assays are pending, and no drilling results have yet been reported. These next phases will be critical in validating the geophysical and geochemical signatures and assessing the potential for resource development.
With the Damara Project’s proximity to major deposits and the identification of classic porphyry and intrusion-related mineralisation signatures, Aldoro’s exploration update positions the company well within a competitive and active copper-gold exploration landscape.
Bottom Line?
Aldoro’s Damara targets promise potential, but drilling results will be the true test of their value.
Questions in the middle?
- Will upcoming drilling confirm the porphyry copper-gold potential at Nordenberg and Okaue?
- How will laboratory assays of soil samples compare to the initial pXRF results?
- Could Aldoro’s discoveries trigger increased regional exploration or acquisition interest?